by Lara | Jul 15, 2014 | Gold |
Downwards movement was expected for the main Elliott wave count, which was judged to have a 90% probability. The first target was at 1,305 and has now been slightly exceeded. I still have an alternate wave count for you. Summary: In the short term, if price remains...
by Lara | Jul 12, 2014 | Gold |
I expected upwards movement for Friday towards a target at 1,350. Price moved sideways and there was no new high. Although the invalidation point was not breached the wave count has been adjusted. Summary: I expect downwards movement from here next week towards a...
by Lara | Jul 3, 2014 | Gold |
The hourly wave count was invalidated with movement below 1,310.43. As stated in yesterday’s Elliott wave analysis a breach of this invalidation point may be significant at primary wave degree. Summary: At this stage I expect it is likely primary wave 5...
by Lara | Jul 2, 2014 | Gold |
Sideways movement continues as expected from yesterday’s sole Elliott wave count. It now shows as two red doji candlesticks on the daily chart. The target remains the same. Summary: Sideways movement is extremely close to completion. Price should break out...
by Lara | Jun 30, 2014 | Gold, Gold Historical |
Sideways movement continued, although for less than one day. The breakout was expected to be upwards. The alternate hourly wave count target for sideways movement to end was at 1,311.44 which was met and exceeded by just 1.01. Summary: Minor wave B is complete as a...
by Lara | Jun 28, 2014 | Gold |
Sideways movement continues as expected. Elliott wave count options for the B wave can now be narrowed down further. To end the week, I have two Elliott wave hourly charts for you. Summary: Minor wave B is incomplete. I expect to see more choppy overlapping movement...
by Lara | Jun 16, 2014 | Gold
For the last Elliott wave technical analysis upwards movement for Gold was expected, but fell short of the target at 1,291 by 6.01. Summary: A fourth wave correction should continue for another session. The target for it to end is at 1,268.07. Thereafter, the upwards...
by Lara | Jun 14, 2014 | Gold |
The short term expectation was for a correction to end about 1,263.79 and last about 24 hours. The correction did unfold, but it moved only sideways as a small fourth wave triangle that lasted 20 hours, ending as a very shallow fourth wave at 1,273.39. Summary: I am...
by Lara | Jun 12, 2014 | Gold, Gold Historical |
The target at 1,271 was met and exceeded by 3.97 during the last 24 hours. Upwards movement was expected for the short term. However, I am making a judgement today to swap over the main wave count to the triangle idea for primary wave 4. This upwards movement does not...
